Monday, July 03, 2006

Unmasking Hayek

Say no more.

Hayek’s theory of the progressive society is a combination of empirical determinism with a reductionist understanding of social progress as economic (and, secondarily, scientific-technological) in a systemic, non-humanist sense. In his perspective, the connection between social progress and human progress is so loose that it is reduced to mere accident (e.g. set up the system and hope for the best). As will become clear from the analysis of Smith’s theory later in this thesis, Hayek’s accidentalism bears little resemblance to Adam Smith’s idea of a perfect system of natural liberty, whose perfection is measured by its capacity to deliver to all human beings, in a fair manner, the goods they are entitled to in virtue of their skills and efforts.

Also See: Hayek

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